Facebook Inc. has a new payment group with a familiar face. David Marcus, co-creator of the company’s Libra cryptocurrency project, will lead Facebook Financial, an initiative to run all payment projects, including Facebook Pay, a feature it plans to build in all has apps. Former Upwork Inc. UPWK, -2.94% Chief …
Read More »Hot rookies and not-so-hot pot companies are jumping on the slow income parade
Corporate profits have so far surpassed low expectations so far this winning season, but there are still a lot of wild cards left in the deck. Consensus S&P 500 SPX, + 0.06% income taxes rose only 3% for the third quarter and are not budgeted at all in the fourth …
Read More »Analyzes of Uber’s ride healing are ‘a mess’, and the front is sputtering
Uber shares fell Friday after the company’s second-quarter results released Thursday. INDRANIL MUKHERJEE / AFP via Getty Images The shares of Uber Technologies Inc. resigned Friday because concerns about the negative effects of the COVID-19 pandemic on the company’s business seem to be pending in hopes of its booming food …
Read More »Trader Extra: Walt Disney and the End of Moviegoing; Is it time to sell Apple stock?
Text size Drew Angerer / Getty Images Mulan comes to Disney +, and how we can see movies change forever. That Walt Disney (ticker: DIS) made the decision to bring the much-delayed live-action remake of its 1998 animated feature to its Disney + subscription service should come as no surprise. …
Read More »Walt Disney and the End of Moviegoing
Text size Drew Angerer / Getty Images Mulan comes to Disney +, and how we can see movies change forever. That Walt Disney (ticker: DIS) made the decision to bring the much-delayed live-action remake of its 1998 animated feature to its Disney + subscription service should come as no surprise. …
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